Yes Mobile acquired by Yudala

Nigeria’s eCommerce company Yudala has completed the acquisition of Yes Mobile, a cosmopolitan high-value retail outfit with a multiplicity of stores in Lagos, for an undisclosed purchase price. According to Gideon Ayogu, Head of Media Relations at Yudala, he stated that “with this takeover, Nigerians now have additional ease and convenience of shopping a variety…

Web-TV unveiled by YouTube

Google’s YouTube has launched a Web-TV service.  YouTube TV provides tv service  at the cost of $35 per month. It has a free one month trial period, at the expiration of which the monthly subscription fee becomes payable. At the moment, 39 channels can be streamed on YouTube TV including; MSNBC, NBC, ESPN U, CBS, Fox, CNBC,…

AOL and Yahoo merge to form a New Entity

AOL and Yahoo will  merge to form a new entity called Oath. AOL CEO Tim Armstrong made the name of the new entity via his twitter account. Verizon announced the acquisition of Yahoo for $4.48 billion in February 2017 after the purchase price was revised down by $350 million. The revised purchase price followed the disclosure of the…

Facebook Launch New Tool to combat Revenge Porn.

A new tool has been developed for use on Facebook, Messenger and Instagram to combat “revenge porn”. Mark Zuckerberg during the announcement stated that “revenge porn” is wrong and hurtful. He said the new tool  will help to prevent “revenge porn” from being shared on Facebook, Messenger and Instagram. He further stated that “Revenge porn is…